Shergeran NaidooIn the news
The rand strengthened, producer and consumer inflation eased, and the average food basket became cheaper in August. But looming fuel increases and subdued salary growth mean household relief may be limited.
PPI

Sunday Review: Inflation eases and food basket costs fall, but fuel hikes loom

The rand strengthened, inflation eased and the food basket fell in August, but higher fuel costs and weak salary growth may limit household relief.

  • Ashley Lechman
  • Yogashen Pillay
6 min read
Cape Town harbour.
ECONOMIC CHALLENGES

South Africa’s economy is moving again. Now comes the test

PayInc’s July data points to a modest rebound, but a sharp diesel increase and worsening unemployment underline how fragile the improvement remains.

  • Yogashen Pillay
5 min read